DPIIT and Kotak Mahindra Bank Sign MoU to Support Startups
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Kotak Mahindra Bank to enhance financial and non-financial support for startups in India. This collaboration aims to provide customized banking solutions, credit opportunities, and mentorship to foster an innovation-driven economy. The partnership will offer services such as zero-balance accounts, loans, digital payment solutions, and access to networks, empowering startups from ideation to market expansion.
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